Eurobase ’s Post

According to CyberCube's cyber catastrophe model and industry exposure database, the CrowdOut event is a major event for the cyber insurance market but does not come close to the destructive potential that leading insurers are holding capital against. Read more here: https://lnkd.in/ebCtqnaS #CrowdOut #CrowdStrike

Be proactive, stay protected! Safeguard your tech endeavors with Errors and Omissions Insurance – your armor against liabilities stemming from software mishaps, data breaches, and cyber incidents. Learn more: pciaonline.com/tech-firms #PCIA #Insurance #professionalliability #certified #Technology #dataprotection

Don’t worry if you missed our webinar last week! We got you covered with the replay 🔊 Our Middle Market Insights and Specialties Spotlight recording is now available on demand. This 1-hour replay shares insights from experts on the Year-End Middle Market Indicator findings, with a focus on top concerns, cyber insurance and Multinational. https://bit.ly/3Vy4tgN

CyberCube collaborates with CatX to help advance their cyber capabilities. Alternative capital will play a large role in helping to stabilize the cyber insurance market. Read more here - https://hubs.ly/Q02Kz7Dj0 #CyberRisk #CyberInsurance

Be proactive, stay protected! Safeguard your tech endeavors with Errors and Omissions Insurance – your armor against liabilities stemming from software mishaps, data breaches, and cyber incidents. Learn more: pciaonline.com/tech-firms #PCIA #Insurance #professionalliability #certified #Technology #dataprotection

Detailed & important analysis of the recent Crowdstrike outage from Coalition, Inc. on the potential impact to the cyber insurance industry: “Our own modeling, leveraging our Active Cyber Risk Model, suggests a $0.96 billion industry-wide loss experienced by US cyber insurance policyholders at the upper bound prior to consideration of coverage limitations. Of course, any model of this event will also be highly sensitive to the least credible assumption (most likely, the share of impacted systems), which if reduced, would decrease our estimate to $0.27 billion (or lower).”

Forty percent of companies are uncertain about what is covered by their #CyberInsurance. In addition, the rising costs from cyberattacks has made cyber insurers re-evaluate their insurance. It’s important to understand your coverage details to be prepared in the event of an attack. Insurer requirements for data protection can reduce more financial risks associated with cyberattacks such as ransom payments and downtime. Learn more from David Bennett at Dark Reading: https://lnkd.in/gGFZrtpz

Forty percent of companies are uncertain about what is covered by their #CyberInsurance. In addition, the rising costs from cyberattacks has made cyber insurers re-evaluate their insurance. It’s important to understand your coverage details to be prepared in the event of an attack. Insurer requirements for data protection can reduce more financial risks associated with cyberattacks such as ransom payments and downtime. Learn more from David Bennett at Dark Reading: https://lnkd.in/eEdnKnrS

Forty percent of companies are uncertain about what is covered by their #CyberInsurance. In addition, the rising costs from cyberattacks has made cyber insurers re-evaluate their insurance. It’s important to understand your coverage details to be prepared in the event of an attack. Insurer requirements for data protection can reduce more financial risks associated with cyberattacks such as ransom payments and downtime. Learn more from David Bennett at Dark Reading: https://lnkd.in/gEtvs4fG

Forty percent of companies are uncertain about what is covered by their #CyberInsurance. In addition, the rising costs from cyberattacks has made cyber insurers re-evaluate their insurance. It’s important to understand your coverage details to be prepared in the event of an attack. Insurer requirements for data protection can reduce more financial risks associated with cyberattacks such as ransom payments and downtime. Learn more from David Bennett at Dark Reading: https://lnkd.in/gAKgg_zv